The highest unemployment rate during the great depression was 24%. The knockon effects of almost 12% of the ecconomy losing work will make that pale in comparison. But hey, this 12% is probably just at the beginning. After all, AI is the worst it will ever be.
This seems like a recipe for guillotines or UBI. Wonder wich the rich will choose?
Edir: was he the first of many?



I feel like you have to make a lot of underlying assumptions to call a hard shot like this, but to be fair I didn’t read the study.